SPX Gamma Levels
Do I like this level, do I like this market? Well from a gamma perspective those questions are irrelevant, we have a bullish setup now that the tapering is baked in - funny isn't it? Call barrier is now at 4700 which acts as our new target. Call/put gamma ratio is at very bullish levels and total gamma increased by over 300M to about 950M.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.